While energy efficiency projects could partly meet new energy demand more cheaply than new supplies, weak economic institutions in developing and transitional economies impede developing and financing energy efficiency retrofits. This book analyzes these difficulties, suggests a 3-part model for projectizing and financing energy efficiency retrofits, and presents thirteen case studies to illustrate the issues and principles involved.
Addressing the major issues associated with green energy and energy efficiency, this book examines the economics of energy from the theoretical as well as applied perspectives. It makes a valuable contribution to existing discussion around environment and climate change issues, and provides an analysis of the socioeconomic and policy-oriented aspects of this topic. Each chapter is self-contained and tackles the fundamental issues and latest developments of a particular sub-topic. Combining rigour and accessibility, this book allows non-specialized readers to understand the complexity of the topic, and to likewise access the most relevant and up-to-date literature. It simultaneously enables more specialized readers to broaden their understanding of complex energy topics and it provides a comprehensive overview of the cutting-edge developments of the issues covered by the book. This book covers important themes including regulation for green energy, the promotion of green energy and efficiency, the challenges and options of renewable energy, and efficiency in economic sectors. It is intended for researchers and postgraduates with an interest in energy, climate change and environmental economics, and also policymakers and energy companies.
Renewable energy plays an important role in contributing to the transition toward low-carbon development growth, in enhancing technology diversification and hedging against fuel price volatility, in strengthening economic growth, and in facilitating access to electricity. The global trends indicate a growing commitment to renewable energy development from developed and developing countries in both the introduction of specific policy levers and investment flows. Developing countries have now a long history of designing and implementing specific policy and regulatory instruments to promote renewable energy. Today, feed-in tariff policies are being implemented in about 25 developing countries and quantity based instruments, most notably auction mechanisms, are increasingly being adopted by upper middle income countries. This paper summarizes the results of a recent review of the emerging experience with the design and implementation of price and quota based instruments to promote renewable energy in a sample of six representative developing countries and transition economies. The paper discusses the importance of a tailor-made approach to policy design and identifies the basic elements that have proven instrumental to policy effectiveness, including adequate tariff levels, long term policy or contractual commitments, mandatory access to the grid and incremental cost pass-through. Ultimately, a low carbon development growth in the developing world depends on the availability of resources to finance the solutions that exhibit incremental costs. Policies introduced to support renewable energy development should be designed and introduced in combination with strategies that clearly identify sources of finance and establish a sustainable incremental cost recovery mechanism (for example, using concessional financial flows from developed countries to leverage private financing, strengthening the performance of utilities and distribution companies, or allowing the partial pass-through of incremental costs to consumer tariffs with a differentiated burden sharing that protects the poor). Without question, policy makers will have to ensure that the design of different policy mechanisms and the policy mix per se deliver renewable energy targets with the lowest possible incremental costs and volume of subsidies.
This book presents a comparative analysis of energy efficiency policies in developing countries. Although there is a vast amount of literature available about renewable energy policy and implementation in the developing world, energy efficiency tends to lack attention. This book fills this lacuna by examining the current state of the field and scope for future improvements. Drawing on a wide range of case studies including Brazil, China and Chile, the authors use a comparative approach to examine the policies and programmes being implemented, looking at the existing legal frameworks and regulatory challenges. By showcasing stories of success, as well as barriers to energy efficiency, they highlight the opportunities for increased energy access and efficiency and demonstrate how these opportunities may directly impact on climate change mitigation. This volume will be a useful resource for scholars and practitioners with an interest in energy policy and efficiency, climate change and international development.
Global warming resulting from the use of fossil fuels is threatening the environment and energy efficiency is one of the most important ways to reduce this threat. Industry, transport and buildings are all high energy-using sectors in the world and even in the most technologically optimistic perspectives energy use is projected to increase in the next 50 years. How and when energy is used determines society's ability to create long-term sustainable energy systems. This is why this book, focusing on energy efficiency in these sectors and from different perspectives, is sharp and also important for keeping a well-founded discussion on the subject.
Climate change is one of the most pressing issues facing the world today, as it affects all sectors of life, be it global economics or human rights activism; timely action is required to avoid global catastrophe. Understanding the importance of climate change mitigation, renewable energies, clean technologies, and green development has become necessary for effective leadership. The Handbook of Research on Green Economic Development Initiatives and Strategies provides the necessary information to reduce the climate change vulnerability of socio-economic systems in the most cost-effective manner. This handbook of research is ideal for policy makers, non-governmental organizations (NGOs), government agencies, businesses, and professionals looking to temper the effects of climate change.
This study considers how energy efficiency and other factors (such as economic structure, income, lifestyle, prices, and fuel mix) have shaped developments of energy use and carbon dioxide emissions in IEA countries, since the organisation was founded 30 years ago. Findings include that the rate of energy savings in IEA economies has slowed since 1990, as has the decline in carbon dioxide emissions relative to GDP. This shows that the changes caused by the oil price shocks in the 1970s and the resulting energy policies did considerably more to control growth in energy demand and reduce carbon dioxide emissions than the energy efficiency and climate policies implemented in the 1990s.
There are two main energy challenges: tackling climate change by reducing carbon dioxide emissions; and ensuring clean and affordable energy as the country becomes increasingly dependent on imported fuel. These challenges have to be met against the backdrop of rising fossil fuel prices; slower than anticipated liberalisation of the EU energy markets; heightened awareness of the risk arising from remaining oil and gas reserves being concentrated in a few geographical regions; and a need for substantial new investment in power stations, the electricity grid and gas infrastructure. This White Paper sets out the Governments international and domestic strategy to address these challenges and ways to implement the Energy Review of 2006 and the 2006 Pre-Budget Report. There is a separate consultation document on nuclear power.
CATRINUS J. JEPMA This volume contains the various contributions that were made during the International Conference on Joint Implementation, held near Groningen, The Netherlands, 1-3 June 1994. The conference was initiated by The Netherlands' Ministry of Housing, Spatial Planning and Environment -along with the Ministries of Foreign (Development Cooper ation) and Economic Affairs -and carried out under the responsibility of Foundation IDE (Groningen, The Netherlands). Its underlying idea was to bring together an international group of specialists on Joint Implementation (11) - from governments, NGOs, business and science -to discuss its feasibility of 11. The conference was timed between the 9th and 10th session of the Intergovernmental Negotiating Committee (INC) for a Framework Convention on Climate Change (FCCC) - which was by then considered as the most crucial phase preparing for the first Conference of Parties (CoP I; Berlin, 28 March - 7 April 1995) - in order to provide additional information or results that might serve as an input in the international negotiating process. The main purpose of the conference was, however, to sit back and have a reflection about what has now become known as 11, and evaluate from the perspective of academics, and practitioners, jointly with officials what promise the option really holds, and to evaluate under what socio-economic and political circumstances and conditions one could successfully proceed in setting out the framework for its further testing and l application.
The world is currently undergoing an historic energy transition, driven by increasingly stringent decarbonisation policies and rapid advances in low-carbon technologies. The large-scale shift to low-carbon energy is disrupting the global energy system, impacting whole economies, and changing the political dynamics within and between countries. This open access book, written by leading energy scholars, examines the economic and geopolitical implications of the global energy transition, from both regional and thematic perspectives. The first part of the book addresses the geopolitical implications in the world’s main energy-producing and energy-consuming regions, while the second presents in-depth case studies on selected issues, ranging from the geopolitics of renewable energy, to the mineral foundations of the global energy transformation, to governance issues in connection with the changing global energy order. Given its scope, the book will appeal to researchers in energy, climate change and international relations, as well as to professionals working in the energy industry.
